CBD Bank Personal Loan for Expats
- Minimum Salary AED 10,000
-
Flat Rate
3.46% - Reducing Rate 6.35%
- Max. Term 4 Years
- Salary Transfer Yes
- Islamic Finance No
Description
Big or small, get CBD personal loan to reach your goals. Realize a long-cherished dream, renovate your home or discover a country never seen before.
Major Advantage: High finance amount
Points to Consider: There is a processing fees
Features
Major Feature: Earn 500 Attijari points for every loan amount of AED 100,000
Minimum Salary Requirement: AED 10,000
Reducing Rate (as advertised): 6.35% p.a. to 11.75% p.a. (depends on profile of the customer)
Flat Rate: 3.46% p.a. (calculated as per 4 years calculation)
Processing Fees: 1% of the finance amount (Min AED 500, Max AED 2,500)
Maximum Finance Amount: AED 750,000 (up to 20 times of salary)
Islamic Finance: No
Maximum Term: 48 months
Salary Transfer: Compulsory
Early Settlement Fees: 1% of outstanding amount
Insurance: Free of cost
Holiday Period: Yes, deferment options available
Salaried/Self Employed: Only salaried can apply
Documents Required
- Salary transfer certificate in favor of CBD Bank.
- Last 6 months salary bank statements.
- Valid Passport, Visa and Emirates ID copy.
- Proof of current liabilities as required by Bank.
Additional Info
- All info mentioned can change at any point of time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
- Reducing rate is converted into Flat rate as per 4 years calculation.
- Terms and conditions apply.
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